Kerry Lutz's--Financial Survival Network

Successful Mining Duo Builds High Quality Chilean Copper Gold Portfolio - Torq Resources


Listen Later

In an environment of unlimited Money Printing and unlimited Government, how can you protect your wealth? Historically, one choice has been sound junior mining ventures led by superior teams. Torq Resources (sponsor) is exactly that kind of company. Shawn Wallace and Ivan Bebek have a strong track record of building successful companies, with resulting high returns to shareholders.

Shawn explained the Torq Strategy: “The team has been very deliberate and ‘picky’ in choosing projects and moving them forward.” They were making great progress in Chile, when Covid struck. The accompanying travel restrictions presented a major obstacle, but Torq soon crafted a brilliant new plan.

In South America, personal relationships are everything. Doing business on Zoom is not an option. Michael Henrichsen (Chief Geologist) had vast South American experience and a relationship network second to none. He created a team of “Finders” that brought a steady stream of quality projects in for review. The team was so effective, they became a permanent part of the Company after the Margarita acquisition. Now they’re closing in on more projects of similar scope & scale. Shawn is very optimistic about Margarita’s. He believes they’re in the right place at the right time. Chile has many areas that are unexplored and others that were cherry-picked in decades past. Large new copper deposits are extremely scarce. New exploration and production technologies could give these properties new life and big profits.

Shawn’s partnership with Ivan Bebek has been a major success story. Their backgrounds and experience fully complement one another. Both are ardent proponents of tight share structures and the requirement that the bulk of capital raised must go into the ground. And they both share a passion for the business and the industry

As in all their ventures, insider ownership is high. Shawn and Ivan have skin in the game, their interests as always are aligned with their shareholders.

Looking ahead, there are a number of factors that should affect the share price. First is near-term commencement of the Margarita pre-drill exploration program to hone in on the best drill targets. Measure twice, cut once for best results and use of capital. Next, as Shawn points out, new acquisitions are on the horizon. Finally, higher copper and gold prices will likely be reflected in the share price.

https://www.torqresources.com

OTCQX: TRBMF TSX-V: TORQ

...more
View all episodesView all episodes
Download on the App Store

Kerry Lutz's--Financial Survival NetworkBy Kerry Lutz

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

124 ratings


More shows like Kerry Lutz's--Financial Survival Network

View all
Financial Sense(R) Newshour by Jim Puplava

Financial Sense(R) Newshour

382 Listeners

The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,665 Listeners

Sprott Money News by Sprott Money

Sprott Money News

150 Listeners

Mining Stock Education by Bill Powers

Mining Stock Education

140 Listeners

Stansberry Investor Hour by Stansberry Research

Stansberry Investor Hour

680 Listeners

Mining Stock Daily by Trevor Hall

Mining Stock Daily

94 Listeners

Gold Goats 'n Guns Podcast by Tom Luongo

Gold Goats 'n Guns Podcast

332 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

250 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,031 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

459 Listeners

Doug Casey's Take by Matthew Smith

Doug Casey's Take

126 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

66 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

376 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

69 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

389 Listeners